- AXS price climbed more than 12% above $2.50 on January 26, 2026.
- Gains in Axie Infinity outpaced the broader gaming sector.
- WEMIX and Ronin also rose, while top tokens such as The Sandbox and Immutable remained largely flat.
The native token of Axie Infinity, AXS, recorded double-digit gains over the past 24 hours, extending its recent rally.
The surge marked a notable rebound for the gaming token after prices briefly revisited support around $2.00 over the weekend. This movement comes as investors reassess opportunities in an otherwise subdued cryptocurrency market.
Meanwhile, gold shot to record highs above $5,000 and silver climbed above $100, stealing some attention from crypto while Bitcoin traded below $90,000.
Axie Infinity price jumps 12%
Overall crypto conditions have been cautious, with capital outflows evident in recent weeks. Despite that, some altcoins like Axie Infinity are bucking the broader sentiment.
On Monday, AXS rose more than 12%, reaching a high of $2.54.
This double-digit move over 24 hours prompted buyers to attempt a retest of the $3.00 level, which had acted as resistance during Axie Infinity’s breakout late last week.
While AXS delivered a strong short-term performance, most tokens in the gaming sector showed minimal movement. Many remained flat or slipped slightly, including The Sandbox, Gala, Decentraland, and Immutable.
Exceptions included WEMIX, which gained around 5% in the same period, and Ronin (RON), which saw modest increases of approximately 6% amid low overall trading activity.
The broader gaming category is still recovering from the challenges of the prior cycle. Crypto analyst Zack shared a thread on X outlining several reasons behind Axie Infinity’s sudden price strength.
$AXS ripping higher feels ironic — it’s the exact ecosystem most people had already written off.
So what actually flipped the script?
– SLP inflation finally shut down
– bAXS introduced as the new reward layer (non-transferable, reputation-based, anti-bot by design)
– Atia’s… pic.twitter.com/qUjUTrlQBC— Zack (@0xZackon) January 26, 2026
Can AXS sustain the gains?
Momentum behind Axie Infinity is being driven by ongoing ecosystem updates and growing whale accumulation, positioning the token as a leader in the GameFi recovery.
However, long-term performance will depend on macroeconomic conditions and broader sector adoption. Investors will be watching upcoming developments closely to determine whether this rally has durable foundations.
The technical outlook for AXS remains cautiously optimistic in the near term, with resistance zones near $2.90–$3.00 and a higher target around $5.10.
Bulls may target those levels if the price holds above $2.00.
Conversely, if broader crypto sentiment deteriorates, downside risks could emerge and prompt tests of lower support zones. Key support levels are identified at $1.86 and $1.20.
A bearish case is reinforced by momentum indicators such as a negative MACD and RSI, which currently show selling pressure. Profit-taking by recent buyers also adds to the downside risk.
AXS previously reached $10 in January 2025 before experiencing a sharp decline. The token’s all-time high remains $165, recorded in November 2021.